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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (189523)3/9/2009 6:42:51 AM
From: DebtBombRespond to of 306849
 
Ho ho ho....Rogers Says Farmers Will Drive Lamborghinis, Not Brokers
bloomberg.com



To: patron_anejo_por_favor who wrote (189523)3/9/2009 12:19:54 PM
From: LLCFRespond to of 306849
 
I hear you... and agree. I just think what was going through everyones heads was that if one biggy goes down and into Banko Court, then everyone is essentially in default since the cross collateralization is immense. If you need 100Billion Yen delivered from someone in court to pay they other two guys their 50 Billion, you all go down... even if those contracts arent' even under water.

But wtfdik

DAK